The Giddy Goat Hotel

Description

High profile CBD asset
Tenant pays all outgoings
Net income $363,780*pa + GST

  • 10% Yield expectation
  • Tenant pays all outgoings
  • 10 Year lease to July 2026 plus options to 2036
  • Prime CBD corner position
  • Long established iconic hotel and restaurant in the heart of the Rockhampton City
  • Land area 899*sqm
  • Building area 1,915*sqm over 3 levels
  • Tenant pays outgoings as per the lease
  • Annual CPI rent increases
  • 3 Month bank guarantee
  • Principal Centre Zone under the Rockhampton regional planning scheme
  • Rockhampton – The administrative and commercial centre of central Queensland and the beef capital of Australia, growing population 100,000 +

*Approximate

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  • Address: 128 East Street, Rockhampton City, QLD
  • State/county: Queensland
  • Zip/Postal Code: 4700
  • Area: Mackay/Whitsundays

Details

Updated on September 4, 2023 at 3:16 am
  • Property ID CECI-2938
  • Property Type Hotel/Pub
  • Property Status Sold

Contact Information

Glenn Conridge

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All figures and site boundaries are approximate. All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided. Interested parties must solely rely on their own enquiries and obtain their own independent advice, in order to verify the information.